682 Fm 812, Red Rock TX 78662

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $585,033. To generate strong buyer interest while maximizing value, I'd price this between $506,000 and $516,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in GRAY, DANIEL. The larger floor plan (244 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2011 construction puts this home 7 years newer than the comp average, a factor in the pricing. With 1 similar homes currently listed in GRAY, DANIEL (a buyer's market), competition is a factor to consider. The trend in 78662 shows prices have fallen 8.5% in the past 6 months. 769 High Grove RD, Cedar Creek TX 78612 nearby adjusts to $1,563,191; with a smaller floor plan. 7 comparable transactions in GRAY, DANIEL support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group